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Economic Polarization and Antisocial Behavior: An Experiment
Bigoni, Maria; Bortolotti, Stefania; Nas Özen, Efşan - 2019
, while they are in line with recent models that focus on anger as the result of the frustration of expectations. …Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a …
Persistent link: https://www.econbiz.de/10012141190
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Income and Wealth Shocks and Expectations during the COVID-19 Pandemic
Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes - 2020
effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …
Persistent link: https://www.econbiz.de/10012208009
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As if or What? – Expectations and Optimization in a Simple Macroeconomic Environment
Roos, Michael W. M.; Luhan, Wolfgang J. - 2008
In this paper we report the results of a laboratory experiment, in which we observed the behavior of agents in a simple macroeconomic setting. The structure of the economy was only partially known to the players which is a realistic feature of our experiment. We investigate whether subjects...
Persistent link: https://www.econbiz.de/10010264726
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"It's Not about the Money. It's about Sending a Message!" Unpacking the Components of Revenge
Molnar, Andras; Chaudhry, Shereen J.; Loewenstein, George - 2020
punishment decisions: Do punishers want to make sure that transgressors understand why they are being punished, and is this …, preregistered experiment (N = 1,959) we demonstrate that consideration for transgressors' beliefs affects punishment decisions on …
Persistent link: https://www.econbiz.de/10012179901
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Motivated Procrastination
Cordes, Charlotte; Friedrichsen, Jana; Schudy, Simeon - 2024
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test for this notion of 'motivated procrastination'. In a...
Persistent link: https://www.econbiz.de/10014534328
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Motivated Procrastination
Cordes, Charlotte; Friedrichsen, Jana; Schudy, Simeon - 2023
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014467805
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The differential effect of narratives
Hillenbrand, Adrian; Verrina, Eugenio - 2018
Narratives pervade almost any aspect of our life and play a particularly important role in moral and prosocial decision-making. We study how positive (stories in favor of a prosocial action) and negative (stories in favor of a selfish action) narratives influence prosocial behavior. Our main...
Persistent link: https://www.econbiz.de/10012110572
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Norms, Emotions, and Culture in Human Cooperation and Punishment: Theory and Evidence
Dhami, Sanjit; Wei, Mengxing - 2023
contributions mechanism with punishment (VCMP). We eliminate 'dynamic economic linkages' between the two stages of our 'modified …, culture, and endogenous emotions are the key determinants of contributions and punishments. The emotions of shame, frustration …
Persistent link: https://www.econbiz.de/10014290130
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The Behavioral Impact of Emotions in a Power-to-Take Game: An Experimental Study
Bosman, Ronald; van Winden, Frans - 2000
) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last … hedonic impact. (2) Irritation and contempt drive punishment behavior. (3) There are discontinuous jumps in the behavior of … responders. They either choose no punishment (destroy nothing) or the highest level of punishment (destroy everything). (4 …
Persistent link: https://www.econbiz.de/10010315005
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The Behavioral Impact of Emotions in a Power to take Game: An Experimental Study
Bosman, Ronald; van Winden, Frans A.A.M. - 1999
nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the … punishment behavior. (3) Thereare discontinuous “jumps” in the behavior of responders. They either chooseno punishment (destroy … probabilityof punishment but not on the intensity of experienced emotion. We explainthis last result in terms of norm …
Persistent link: https://www.econbiz.de/10010324423